Shining Building (Taiwan) Price on November 29, 2024
| 5531 Stock | TWD 11.35 0.20 1.79% |
If you're considering investing in Shining Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shining Building stands at 11.35, as last reported on the 1st of December, with the highest price reaching 11.40 and the lowest price hitting 11.00 during the day. At this stage we consider Shining Stock to be not too volatile. Shining Building Business owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0801, which indicates the firm had a 0.0801% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shining Building Business, which you can use to evaluate the volatility of the company. Please validate Shining Building's Risk Adjusted Performance of 0.0636, coefficient of variation of 1332.37, and Semi Deviation of 1.57 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
Shining Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shining |
Sharpe Ratio = 0.0801
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 5531 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Shining Building is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Shining Building by adding it to a well-diversified portfolio.
Shining Building Valuation on November 29, 2024
It is possible to determine the worth of Shining Building on a given historical date. On November 29, 2024 Shining was worth 11.15 at the beginning of the trading date compared to the closed value of 11.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shining Building stock. Still, in general, we apply an absolute valuation method to find Shining Building's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Shining Building where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shining Building's related companies.
| Open | High | Low | Close | Volume | |
| 11.25 | 11.35 | 11.05 | 11.15 | 814,550 | |
11/29/2024 | 11.15 | 11.40 | 11.00 | 11.35 | 622,463 |
| 11.15 | 11.40 | 11.00 | 11.35 | 0.00 |
| Backtest Shining Building | | | Shining Building History | | | Shining Building Valuation | Previous | Next |
Shining Building Trading Date Momentum on November 29, 2024
| On December 01 2024 Shining Building Business was traded for 11.35 at the closing time. The highest price during the trading period was 11.40 and the lowest recorded bid was listed for 11.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.76% . |
Shining Building Business Fundamentals Correlations and Trends
By evaluating Shining Building's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shining Building's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shining financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shining Building Stock history
Shining Building investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Shining is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shining Building Business will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Shining Building stock prices may prove useful in developing a viable investing in Shining Building
Shining Building Business Co., Ltd. engages in the subcontract construction, leasing, and sale of commercial buildings and residential buildings in Taiwan. The company was founded in 1980 and is based in Taichung, Taiwan. SHINING BUILDING is traded on Taiwan Stock Exchange in Taiwan.
Shining Building Stock Technical Analysis
Shining Building technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Shining Building Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Shining Building Business cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Shining Building December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Shining Building stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shining Building shares will generate the highest return on investment. By undertsting and applying Shining Building stock market strength indicators, traders can identify Shining Building Business entry and exit signals to maximize returns
Shining Building Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shining Building's price direction in advance. Along with the technical and fundamental analysis of Shining Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shining to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0636 | |||
| Jensen Alpha | 0.1547 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.008 | |||
| Treynor Ratio | (1.51) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Shining Stock Analysis
When running Shining Building's price analysis, check to measure Shining Building's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shining Building is operating at the current time. Most of Shining Building's value examination focuses on studying past and present price action to predict the probability of Shining Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shining Building's price. Additionally, you may evaluate how the addition of Shining Building to your portfolios can decrease your overall portfolio volatility.